Comparison between Shigan Quantum Technologies IPO and Swaraj Suiting IPO.
Shigan Quantum Technologies IPO is a SME Fixed Price IPO proposed to list at NSE SME while Swaraj Suiting IPO is a SME Fixed Price proposed to list at NSE SME.
| Shigan Quantum Technologies IPO | Swaraj Suiting IPO | |
|---|---|---|
| Logo |  |  |
| Issue Category | SME | SME |
| Issue Type | IPO | IPO |
| Process Type | Fixed Price | Fixed Price |
| Listing At | NSE SME | NSE SME |
| Lead Managers | Finshore Management Services Ltd. | Finshore Management Services Ltd. |
| Registrar | Kfin Technologies Ltd. | Bigshare Services Pvt.Ltd. |
| Market Maker | Nikunj Stock Brokers Ltd. | Nikunj Stock Brokers Ltd. |
| DRHP | DRHP  | DRHP |
| RHP | RHP | RHP |
| Final Prospectus | Final Prospectus | Final Prospectus |
| Anchor Investor | ||
| IPO Allotment URL | IPO Allotment URL | IPO Allotment URL |
The total issue size of Shigan Quantum Technologies IPO is up to ₹21.56 Cr whereas the issue size of the Swaraj Suiting IPO is up to ₹10.15 Cr. The final issue price of Shigan Quantum Technologies IPO is ₹50.00 per share and of Swaraj Suiting IPO is ₹56.00 per share.
| Shigan Quantum Technologies IPO | Swaraj Suiting IPO | |
|---|---|---|
| Face Value | ₹10 per share | ₹10 per share |
| Issue Price (Lower) | ||
| Issue Price (Upper) | ||
| Issue Price (Final) | ₹50.00 per share | ₹56.00 per share |
| Discount (Retail) | ₹0.00 per share | ₹0.00 per share |
| Discount (Employee) | ||
| Market Lot Size | 3000 shares | 2000 shares |
| Fresh Issue Size | 43,11,000 shares | 18,12,000 shares |
| Fresh Issue Size (Amount) | up to ₹21.56 Cr | up to ₹10.15 Cr |
| OFS Issue Size | 0 shares | 0 shares |
| OFS Issue Size (Amount) | up to ₹0.00 Cr | up to ₹0.00 Cr |
| Issue Size Total | 43,11,000 shares | 18,12,000 shares |
| Issue Size Total (Amount) | up to ₹21.56 Cr | up to ₹10.15 Cr |
Shigan Quantum Technologies IPO opens on Feb 28, 2022, while Swaraj Suiting IPO opens on Mar 15, 2022. The closing date of Shigan Quantum Technologies IPO and Swaraj Suiting IPO is Mar 03, 2022, and Mar 17, 2022, respectively.
| Shigan Quantum Technologies IPO | Swaraj Suiting IPO | |
|---|---|---|
| Anchor Bid Date | ||
| Issue Open | Feb 28, 2022 | Mar 15, 2022 |
| Issue Close | Mar 03, 2022 | Mar 17, 2022 |
| Basis Of Allotment (Tentative) | Mar 08, 2022 | Mar 23, 2022 |
| Initiation of Refunds (Tentative) | Mar 09, 2022 | Mar 24, 2022 |
| Credit of Share (Tentative) | Mar 10, 2022 | Mar 25, 2022 |
| Listing date (Tentative) | Mar 11, 2022 | Mar 28, 2022 |
| Anchor Lockin End date 1 | ||
| Anchor Lockin End date 2 |
Shigan Quantum Technologies IPO P/E ratio is 12.41, as compared to Swaraj Suiting IPO P/E ratio of 10.55.
| Shigan Quantum Technologies IPO | Swaraj Suiting IPO | |||||
|---|---|---|---|---|---|---|
| Financials | Company Financials ()
| Company Financials ()
| ||||
| Promoter Shareholding (Pre-Issue) | 100 | 99.74 | ||||
| Promoter Shareholding (Post-Issue) | 73.63 | 73.31 | ||||
| P/E Ratio | 12.41 | 10.55 | ||||
| Market Cap | ₹86.08 Cr. | ₹40.32 Cr. | ||||
| ROE | ||||||
| ROCE | ||||||
| Debt/Equity | 0.09 | |||||
| EPS | ₹2.77 | ₹11.99 | ||||
| RoNW | 20.84 | 6.99 |
In the Shigan Quantum Technologies IPO Retail Individual Investors (RII) are offered 21,57,000 shares while in Swaraj Suiting IPO retail investors are offered 21,57,000 shares. Qualified Institutional Buyers (QIB) are offered in Shigan Quantum Technologies IPO and in Swaraj Suiting IPO.
| Shigan Quantum Technologies IPO | Swaraj Suiting IPO | |
|---|---|---|
| Anchor Investor Reservation | ||
| Market Maker Reservation | 2,28,000 shares | 96,000 shares |
| QIB | ||
| NII | 21,54,000 shares | 9,04,000 shares |
| RII | 21,57,000 shares | 9,08,000 shares |
| Employee | ||
| Others | ||
| Total | 43,11,000 shares | 18,12,000 shares |
Shigan Quantum Technologies IPO subscribed 17.95x in total, whereas Swaraj Suiting IPO subscribed 12.13x.
| Shigan Quantum Technologies IPO | Swaraj Suiting IPO | |
|---|---|---|
| QIB (times) | ||
| NII (times) | 27.70x | 13.81x |
| Big NII (times) | ||
| Small NII (times) | ||
| RII (times) | 8.21x | 10.46x |
| Employee (times) | ||
| Other (times) | ||
| Total (times) | 17.95x | 12.13x |
